level of significant

upper bond I (1)

lower bond I (0)

Value

First model

10%

3.35

2.26

5.165

F-statistic

5%

3.79

2.62

5

K

2.5%

4.18

2.96

1%

4.68

3.41

Second model

10%

3.35

2.26

2.113

F-statistic

5%

3.79

2.62

5

K

2.5%

4.18

2.96

1%

4.68

3.41

Third model

10%

3.35

2.26

1.356

F-statistic

5%

3.79

2.62

5

K

2.5%

4.18

2.96

1%

4.68

3.41

Forth model

10%

3.35

2.26

4.635

F-statistic

5%

3.79

2.62

5

K

2.5%

4.18

2.96

1%

4.86

3.41